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The responsibility of REALTORS® as economic stewards and the challenges of low inventory were the main points of discussion for the panel. However, each brought their own unique focus and professional expertise to the table. Commercial: Deena Zimmerman, SVN Chicago Commercial Chicago continues to see vacancy rates at an all time low. The new hit […]
The responsibility of REALTORS® as economic stewards and the challenges of low inventory were the main points of discussion for the panel. However, each brought their own unique focus and professional expertise to the table. New Construction: David Wolf, Coldwell Banker Residential Brokerage New construction needs to take place to fix the low inventory problem, or […]
As C.A.R.’s Senior Director of Government Affairs Brian Bernardoni is well known for saying: “There is a city west of Western and south of Roosevelt called Chicago.” It’s important to remember that there are many neighborhoods that aren’t the focus of with development – places where opportunity is ripe. Our Economic Development panel, featuring Keith […]
The responsibility of REALTORS® as economic stewards and the challenges of low inventory were the main points of discussion for the panel. However, each brought their own unique focus and professional expertise to the table. Economics: Charles Wurtzebach, PhD, Real Estate Center at DePaul University Developing technology is making the search process less cumbersome and financial […]
The responsibility of REALTORS® as economic stewards and the challenges of low inventory were the main points of discussion for the panel. However, each brought their own unique focus and professional expertise to the table. Downtown Residential: Gail Lissner, Appraisal Research Counselors Since 2011 it has been a primarily rental market, although rental development is […]
Watch His Presentation View His Slides Jonathan Smoke – 2017 Market Outlook Top 5 Takeaways Hear His Playlist Anticipate the wild card. Our economy’s foundation will be solid, but we do have some wild cards entering the mix. The summer of 2016 had mortgage rates so incredibly low, they rendered home affordability extremely possible. Now, […]
See Jonathan’s 2017 predictions and get his slides. Good Grief by Bastille How are we going to get by without mortgage rates below 4%? We’re going to miss them. It was a heck of a lot easier, especially this last year, to sell homes with rates this low. We’ll look back and wax poetic about […]
Greetings! I have just returned from the Illinois REALTORS®’ Public Policy meetings which were held in Peoria this past week. The meetings were insightful and filled with a tremendous amount of information – which is why I am writing to you, with an err of caution. As you may know, Congress has been discussing significant changes to our tax […]
C.A.R.’s market snapshot helps prepare you to answer questions about Chicago’s real estate industry, while projecting confidence and consistency as a voice for Chicago REALTORS®. If you would like to discuss any of your upcoming media or other public speaking opportunities, contact Jessica Kern, Director of Marketing & Communications or Maria Dickman, Communications Specialist. MARKET SNAPSHOT – CITY […]
The Chicago residential lease has been updated for 2017 with the new security deposit interest rates. Ensure you are using the new lease, which is editable, available here. Review the new state and City of Chicago security deposit interest rates here. Please note the 2016 lease document was designed to expire at midnight on Dec. […]
Chicago REALTOR® Nykea Pippion-McGriff, Dream Town, was named to the Illinois Real Estate Administration and Disciplinary Board last week by Governor Bruce Rauner, effective Dec. 22. The 10-member board meets monthly. Pippion-McGriff, GRI, ABR, ADPR, BPOR, SFR, is a licensed managing broker. She is a board member for the Chicago Association of REALTORS®, a federal […]